HealthStream Inc (HSTM)
Debt-to-equity ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 340,752 | 342,246 | 340,619 | 336,039 | 334,064 | 330,282 | 326,732 | 322,572 | 339,019 | 342,198 | 340,379 | 336,805 | 334,062 | 336,265 | 339,424 | 335,416 | 338,168 | 333,893 | 329,671 | 325,141 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $340,752K
= 0.00
Based on the data provided for Healthstream Inc, the debt-to-equity ratio has consistently been reported as 0.00 over the past eight quarters. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically signifies that the company has no financial leverage and operates with a conservative capital structure. While this may suggest a lower risk of financial distress due to debt obligations, it is important to consider other factors such as future growth opportunities and cost of capital when evaluating the overall financial health and sustainability of Healthstream Inc.
Peer comparison
Dec 31, 2023